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Nov 12, 2012
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david martin, cbs news, the pentagon. >> glor: pentagon contractors aren't the only one in with a stake in this debate. 120,000 small contractors take part in the federal marketplace. a market worth $500 billion. lowell vant slot is scrambling to run every conceivable raanning scenario for 2013. he's the military contracts manager for u.s. technologies which does 60% of its business with the defense department. >> not knowing exactly what to expect is not a position anybody wants to be in because we're affecting people's lives here. we don't want to lay people off. >> we ran them all through. >> the $12 million new jersey based company makes parts in electronics for defense systems but with the potential for deep cuts in spending looming on january 2nd, orders from the military are slowing down. >> they were supposed to order 400 of something, so far they've ordered two. >> this year american companies made 36 million meals ready-to- eat or m.r.e.s. nine million combat uniforms, nearly a million pairs of combat boots. even the giants depend on thousands of smaller companies. 1,300 suppl
david martin, cbs news, the pentagon. >> glor: pentagon contractors aren't the only one in with a stake in this debate. 120,000 small contractors take part in the federal marketplace. a market worth $500 billion. lowell vant slot is scrambling to run every conceivable raanning scenario for 2013. he's the military contracts manager for u.s. technologies which does 60% of its business with the defense department. >> not knowing exactly what to expect is not a position anybody wants to...
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Nov 12, 2012
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. >> reporter: the dreaded sequestration would double the $500 billion in cuts the pentagon is already planning to make over the next decade. defense secretary panetta has not minced words. >> if sequestration goes into effect it's a disaster for national defense. >> reporter: the strategy of pivoting away from the wars in iraq and afghanistan towards the pacific and an emerging chinese superpower would come undone. >> all of that can go to hell if this congress doesn't face up and deal with the issue of sequestration. >> reporter: in this letter to senators panetta warned by the time sequestration was over the u.s. would have the smallest ground force since 1940, smallest navy since 1915 and smallest air force ever. a bleak prediction which ignores the quantum leap in weapons technology. as the president pointed out in the debate no other country comes close. >> we spend more on our military than the next ten countries combined. >> reporter: sequestration would not change that. according to the center for budget assessment it's not the size of the cuts about $50 billion a year that's
. >> reporter: the dreaded sequestration would double the $500 billion in cuts the pentagon is already planning to make over the next decade. defense secretary panetta has not minced words. >> if sequestration goes into effect it's a disaster for national defense. >> reporter: the strategy of pivoting away from the wars in iraq and afghanistan towards the pacific and an emerging chinese superpower would come undone. >> all of that can go to hell if this congress doesn't...
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Nov 12, 2012
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david martin, cbs news, the pentagon. >> overseas for the first time since 1973 the middle east war, israel has fired on syria. on sunday a mortar round from syria landed near an israel border outpost. there were no injuries. israel fired a warning shot in retaliation. israel officials acknowledge the mortar was not aimed at israel and was a by product of the syrian civil war. when we come back, explosion investigation. a massive blast in indianapolis killed two people and damages dozens of homes. this is the morning news. dozens of homes. this is the morning news. [ female announcer ] imagine skin so healthy, it never gets dry again. can your moisturizer do that? [ female announcer ] dermatologist recommended aveeno has an oat formula, now proven to build a moisture reserve, so skin can replenish itself. that's healthy skin for life. only from aveeno. ♪ i got it made, i got it made ♪ ♪ i got it made fresh at subway ♪ ♪ breakfast made the way i say ♪ [ male announcer ] at subway, you got it made. try a steak, egg white & cheese, tricked out any way you want. subway. eat f
david martin, cbs news, the pentagon. >> overseas for the first time since 1973 the middle east war, israel has fired on syria. on sunday a mortar round from syria landed near an israel border outpost. there were no injuries. israel fired a warning shot in retaliation. israel officials acknowledge the mortar was not aimed at israel and was a by product of the syrian civil war. when we come back, explosion investigation. a massive blast in indianapolis killed two people and damages dozens...
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Nov 12, 2012
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the pentagon says saudi arabia needs the airplanes to help sustain its aging fleet. lockheed is going to make some money off of them. >> you're talking about the fiscal cliff. we don't want to wait till the new congress comes in but i heard senator-elect kaine said he would favor taxes on people making a half million dollars or higher. >> that's what he was campaigning on, that very specific point. he is sort of halfway between the republicans and the white house on this particular point. >> maybe there is some room. >> the other option is if they don't make a deal, they have 16 days in the lame duck congress starting tomorrow. they could just simply make some sort of band-aid measure, kick the can down the road to extend this into the new year to give the new congress more time to figure this out. we're going to be watching every step of the way for you guys. >> fiscal cliff, the new greece. >> thanks, jess. >>> america is growing -- the obesity epidemic is sparking thousands of jobs. >> more in two minutes. >>> everything you need to know to get your day started. h
the pentagon says saudi arabia needs the airplanes to help sustain its aging fleet. lockheed is going to make some money off of them. >> you're talking about the fiscal cliff. we don't want to wait till the new congress comes in but i heard senator-elect kaine said he would favor taxes on people making a half million dollars or higher. >> that's what he was campaigning on, that very specific point. he is sort of halfway between the republicans and the white house on this particular...
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Nov 12, 2012
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griffin joining us for the pentagon. great reporting, jennifer, what do you know? >> we have been looking at this from denver, colorado. in that speech questions were really raised afterwards about whether he may have revealed information that she only would have known about the benghazi investigation, and commission it hadn't been revealed publicly commend commissioner smith got in from david petraeus himself. at the speech in denver, the same day by the way as fox news reports request of help were denied, she said this. >> i don't know a lot of you have heard this, but the cia had taken a couple of libyan militia members prisoners, and they they think attacking the consulate was an effort to get the prisoners back to that is still being vetted. >> being vetted by whom? that was not in any official timelines that we receive. information on the attack on the u.s. consulate was in part a strike against the cia operation, which we now know involved holding and interrogating prisoners. cheryl: what have you and adam housley learned about what was going on at the cia a
griffin joining us for the pentagon. great reporting, jennifer, what do you know? >> we have been looking at this from denver, colorado. in that speech questions were really raised afterwards about whether he may have revealed information that she only would have known about the benghazi investigation, and commission it hadn't been revealed publicly commend commissioner smith got in from david petraeus himself. at the speech in denver, the same day by the way as fox news reports request...
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Nov 12, 2012
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the pentagon calls both moves routine successions. also the navy has replaced charles gauuette due to recent allegations of, quote, inappropriate leadership judgment not otherwise described. there's been some tension between the state department, the cia and the pentagon in recent weeks as they've worked in the words of one official to sync up their benghazi time lines. thursday the closed door hearing intelligence officials will show senators benghazi's surveillance video with a timeline for the first time. >> sharyl, thanks. retired general richard myers is cbs news' military security analyst and former chairman of the joint chiefs of staff. good morning. >> good morning, charlie. >> general myers, general petraeus served under you. you know this man well. should he have resigned? is this the kind of thing that a military man should resign who is no longer serving the military, but at the cia? >> certainly if he were still in the military, yes, he should have resigned. i think anybody in charge of our nation's secrets like general p
the pentagon calls both moves routine successions. also the navy has replaced charles gauuette due to recent allegations of, quote, inappropriate leadership judgment not otherwise described. there's been some tension between the state department, the cia and the pentagon in recent weeks as they've worked in the words of one official to sync up their benghazi time lines. thursday the closed door hearing intelligence officials will show senators benghazi's surveillance video with a timeline for...
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Nov 12, 2012
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there's been some tension between the state department, the cia and the pentagon in recent weeks as they work in the words of one official to sync up their bengazhi timeline. thursday the closed door hearing intelligence officials will show a benghazi timeline. >> senior correspondent john miller former assistant director of national against is with us along with retired general richard myers. he's a former chairman of the joint chiefs of staff. good morning. general myers, general petraeus served under you, you know this man well. should he have resigned? is this the kind of thing that a military man should resign who is no longer serving the military but at cia. >> if you were in the military yes he should have resign. anybody that's in charge of our secrets like general petraeus was, there are a lot of folks under him that take polygraphs that try to get at are you having affairs, are you vulnerable to outside forces that could force to you leak classified information. he heads the biggest intelligence agency we have in that regard, at least the most sensitive intelligence and i think
there's been some tension between the state department, the cia and the pentagon in recent weeks as they work in the words of one official to sync up their bengazhi timeline. thursday the closed door hearing intelligence officials will show a benghazi timeline. >> senior correspondent john miller former assistant director of national against is with us along with retired general richard myers. he's a former chairman of the joint chiefs of staff. good morning. general myers, general...